Markets Crash After Inflation Rate Comes in Hot Oct 13, 2022 9:34:18 GMT -5 Quote Select PostDeselect PostLink to PostMemberGive GiftBack to Top Post by schwartzie on Oct 13, 2022 9:34:18 GMT -5 Markets Crash After Inflation Rate Comes in Hot – Core CPI Surges to 6.6% the Highest Rate Since 1982 – Real Wages Declined for Record 18 Months!By Jim HoftPublished October 13, 2022 at 8:45amElections have consequences. Stolen elections have catastrophic consequences.The September inflation rate came in hotter than expected on Thursday at 8.2%.The Core CPI surged to 6.6% – the highest rate since 1982.Stocks plunged 500 points on the news.These numbers are devastating for low and middle-class working Americans.Via Jackie Kotkiewicz.Overall CPI: +8.2% y/yCore CPI: +6.6%Gas: +18.2%Fuel Oil: +58.1%Electricity: +15.5%Groceries: +13%Meat, Poultry, & Fish: +7.7%Milk: +15.2%Eggs: +30.5%Baby Food: +11.8%Airline Fares: +42.9%Real Average Hourly Earnings: -3%Check this out — Real wages under Joe Biden have declined for a record 18 months. That is catastrophic!What a disaster!link